The Coal Ministry of India has issued vesting orders for six coal mines and agreements for two mines, bringing the agency’s total so far to 80 under its commercial auction scheme. The ministry said the orders were issued on 14 December; out of the six coal mines whose vesting orders were issued, two coal mines are fully explored mines and…
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Scania India partners with PPS Motors
Scania Commercial Vehicles in India has inked an exclusive partnership with PPS Motors, giving the latter the role of its sole representative for the OEM’s mining tippers in India. Scania officials said the pairing will ensure it has Pan India coverage for its sales and service operations. “The company provides tailor-made solutions by detecting, analyzing, and continuously optimizing critical points…
Read MoreJammu and Kashmir lithium reserves to be auctioned off
An Indian government source said the country’s federally administered region of Jammu and Kashmir will auction its estimated 5.9 million tonnes of lithium reserves over the next few weeks, reported Reuters. Read full story here.
Read MoreAustin Engineering wins Indian tray order
Austin Engineering has received purchase orders for four haul truck trays from an undisclosed iron ore producer in India, potentially opening up a substantial new market opportunity for its Asia-Pacific business. Full story.
Read MoreAllison Transmission, SANY expand partnership
Indiana, U.S.-based Allison Transmission has confirmed a new letter of intent (LOI) with equipment maker SANY to supply the Allison 4000 Series transmission for SANY’s SKT105 96-ton wide body mining dump (WBMD) truck for the India market. Full story.
Read MoreIndia considering sell-off of stakes in miners: report
India, which holds stakes in leading coal miner Mammoth Coal and Asia’s largest zinc producer Hindustan, is reportedly planning to sell off part of those holdings and one other to boost revenue amid stock market positivity. Read full article.
Read MoreCoal India joins WCA ranks
Top coal producer Coal India has been enrolled as the newest member of the World Coal Association (WCA), underscoring its commitment to responsible operations. Read full article.
Read MoreMagna Tyres opens India office
In response to an increasing demand for OTR tyres in Middle East Africa, Magna Tyres has opened its newest office in Kolkata City. Read full article.
Read MoreVedanta to sell long-idled Indian copper smelter
Indian natural resources company Vedanta Ltd has placed a copper smelter complex in the southern Tamil Nadu state for sale, reported Reuters. The smelter has been closed since May 2018 after 13 people were killed while protesting the operation for alleged pollution. Read full article.
Read MoreCoal India to open Siarmal mine amid power crisis
State-run Coal India said it will commission the Siarmal coal mine in eastern Odisha state, India, as the country struggles to keep up with power demand, reported Reuters. Read full article.
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